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12-12-2007, 10:43 AM #1
Fixer Upper
- Join Date
- Nov 2007
- Posts
- 19
can't get a house sold and don't know what to do.
hi,
my mother has been trying to sell ther previous house in southern california for the last 5 months. We thought the house was going to get sold this month but the buyer backed up at the last minute. We are very frustated and do not know if we should rent the house and wait for the market to stabilize or should we let it go at a much lower price. I will find my self taking over that mortgage until we decide what to do which changes my plans and puts me in a tight financial situation. What do you suggest to do? do you think prices will come back up or will it get a lot worst?
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12-12-2007, 12:46 PM #2
Mansion
- Join Date
- Nov 2006
- Posts
- 1,232
People can't buy because they are qualified anymore...
Try owner financing or lease/option...
Or like in Florida: Buy it now and get money back guarantee if not satisfied within the next 12 months...
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